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Very Profitable Multi Unit Full Service Restaurant Chain For Sale

Undisclosed, Massachusetts
Lodging and restaurants
Company Data
Price
$11.5M
30%
Revenue
$10.0M
Top 10%
Profit
$3.0M
4X
Business Overview
About the Company
Rare opportunity to acquire a very profitable multi-unit full-service restaurant chain. This 3-unit chain has decades of successful operation. The units are well staffed with experienced employees operating scratch kitchens. With a cash flow of over $3 million per year, these opportunities are hard to find. The chain offers full bars, outdoor dining, and catering. The concept is scalable up and poised for growth. FACILITY: Large facilities in excellent condition - commissary kitchen large capacity PARKING: Plenty of Parking EQUIPMENT: The equipment is in excellent condition and has been well maintained. LEASE TERM: Varies by location: New lease terms; 2 years with two (2) five-year options; 5 years plus extensions available BASE RENT: Varies by location: $8,000 plus NNN; $8,800 plus NNN; $15,833 (includes NNN) CONCEPT: Restaurant & Bar, Events SIZE: Varies by location SEATS: Varies by location HOURS: Open Daily LICENSES: Full Liquor Licenses SALES: Over $10,000,000 per year CASH FLOW: +/- $3,000,000 per year ASKING PRICE: $11,500,000 (For the Business & Brand)
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